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PH WHITE - AVENIDA BALBOA - PENTHOUSE - SALE / RENT

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT

Did you know that permanent residence in Panama through real estate investment is possible? Applicants must purchase real estate valued at USD$ 300,000.00 or more (plus fees). The minimum amount will increase to USD$ 500,000.00 after October 16, 2022. The investor and family can apply for citizenship after five years of permanent residence in Panama.

ITHLUX and our team of professionals offers several real estate projects that qualify for the program, in addition to provide the complete package to support you and your family in this process (legal, immigration, tax/accounting, insurance, among others). Contact us! Take advantage of this opportunity and book your visit now or request additional information!


AMAZING PENTHOUSE ON PH WHITE - AVENIDA BALBOA - SEA VIEW

Come and visit this excellent penthouse in the prestigious Ph White Tower, on Balboa Avenue, facing the sea and the Yacht Club at Cinta Costera!


The building is in front of Cinta Costera and next to Parque Urraca. It has around supermarkets, pharmacies, shops, restaurants and many other amenities.

Very close to the metro station and with excellent communications with the south corridor and north corridor.


PENTHOUSE:

- 390 m2
- 3 Bedrooms with their bathrooms
- Social bathroom
- DEN
- Kitchen
- No furniture
- Floor to ceiling windows
- Balcony facing the sea
- High floor
- The apartment is the entire floor


THE BUILDING:

- Complete social area
- Swimming pool
- Party room
- Jacuzzi
- Children's play room
- Gym


PRICES:

SALE - USD$ 702,000.00
RENTAL - USD$ 2,500.00


Take advantage of this opportunity and book your visit now or request additional information!


Why live or invest in Panama?

1 - Stable economy with the US dollar as currency. Second largest economy in Central America and the fastest growing economy. Second most competitive economy in Latin America according to the World Economic Forum's Global Competitiveness Index.

2 - Strategic geographical location, privileged and free of natural disasters, located on the isthmus that connects North and South America, bordering Costa Rica, Colombia, the Caribbean and the Pacific Ocean, with a tropical climate throughout the year.

3 - International banking and financial center: strong banking system - in the last 20 years, mergers, transformations and incorporations of new banks have regulated and resized the sector. Panama is today one of the most important financial centers in Latin America and the world.

4 - The territorial tax system that exempts from taxes the income obtained outside the country, constitutes the main attraction for companies and individuals from all over the world to find a tax solution in the country.

5 - Political and legal stability. Panama's legal system was developed to encourage, support and protect foreign investment. The Constitution of Panama and the Foreign Investment Law grant the same rights and guarantees to foreigners in matters of property, investment and trade.

6 - Excellent quality of life and safety. It is among the cities in the world with the highest quality of life, as well as being one of the five best places to retire in the world.

7 - Medical services with high technology and international prestige, world-class communications infrastructure and excellent private schools.

8 - Panama is the Logistics Hub for Latin America and the Caribbean, by air, land and sea - World-class logistics platform, operating directly with 152 ports and 54 countries, being the gateway to Latin America.

9 - More than 5% of world trade transits through the Panama Canal, with 160 client countries and 144 maritime routes, obtaining a great profitability and attracting investors from all over the world, particularly from the real estate sector. GDP is expected to grow by nearly 20% as the Panama Canal expands and the consequent increase in traffic and new flows of ore, gold and copper, driving growing demand for real estate.

10 - Tocumen International Airport: It is the largest and busiest airport in Central America, with flights to 89 destinations.

11 - Stable Real Estate Business - Investing in dollar-listed real estate remains a safe investment bet. The real estate industry offers a wide range of projects with a price/ quality ratio well above average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners who reside or invest in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Netherlands, New Zealand, Norway, Paraguay, Poland, Portugal, Serbia and Montenegro, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, United Kingdom, United States of America, Uruguay.



Property Features


  • Air conditioning
  • Suites: 3
  • Full Bathroom: 1
  • Equipped kitchen
  • Playground: SI
  • Gymnasium
  • Jacuzzi
  • Balcony: SI
  • Piscina: SI
  • Children's park
  • Private condominium
  • Floor: 62
  • Total area: 390
  • Gross Dependent Area: 390
  • Rooms: 3
  • Double glasses
  • Security alarm
  • Security / Surveillance: SI
  • Lift
  • Sea view
  • Unobscured view
  • Central location
  • Parking space: SI

Location


Distrito de Panamá - PH WHITE - Avenida Balboa - Panama

Sale price 702 000 $ Rental price 2 500 $ /Month

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Ref: ITH1184

  • 3
  • 4
  • 390 m2
  • 390 m2
  • 390 m2
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António Almeida

António Almeida

Mobile: +507 6030-9225

Email: antonio.almeida@ithlux.com

Know more
António Almeida

António Almeida

Mobile: +507 6030-9225

Email: antonio.almeida@ithlux.com

Know more

Enquire


Ref: ITH1184

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